Thank the neighbors not the developers! Thank our feckless city government and our nimby-deferential counselors.
BFIT Redevelopment | 41 Berkeley Street | South End
- Thread starter Equilibria
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Equilibria
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It stayed brick, so it's fine, and they only shortened it a little.
I actually like the flat side better - looks classier and more in keeping with the historic building. They did it to save money, though.
Also, if you look at the PNF design the top floors were in that black steel framing, not brick, subtly hinting that they weren't critical. They were always meant to come off.
stick n move
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This was on the december board meeting yesterday. Some changes have happened, still looks great.
https://www.boston.gov/sites/default/files/file/2022/04/41 Berkeley Street presentation.pdf
http://www.bostonplans.org/about-us/bpda-board/board-meetings
https://www.boston.gov/sites/default/files/file/2022/04/41 Berkeley Street presentation.pdf
http://www.bostonplans.org/about-us/bpda-board/board-meetings
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#bancars
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Looks like the City is eager to speed up the relocation:
www.bostonglobe.com
The city’s aid package consists of at least three elements. First, the BPDA would give Related Beal a tax break for 41 Berkeley — where Related has plans to build roughly 250,000 square feet of housing — that would keep taxes low on the property for 30 years; in return, the BPDA gets a new small minority stake in the parcel. The BPDA would also give $4 million via a “recoverable” grant to Franklin Cummings Tech, to help fund its Nubian Square project. And the agency would waive $745,000 that it would otherwise be owed under a previous agreement because of the change in use proposed for the 41 Berkeley property.
The total value of this package is unclear because neither Related nor the BPDA provided a projection for 41 Berkeley’s post-development tax assessment. The provision essentially sets property taxes for 41 Berkeley at $500,000 annually for 10 years and then would increase by the rate of inflation for 19 years after that. It would still be more than the city gets today, because Franklin Cummings Tech is a nonprofit and pays no property taxes there.
City planning $4 million, plus tax breaks, to jumpstart planned Franklin Cummings Tech campus in Roxbury - The Boston Globe
The $75 million project depends on the sale of the existing South End campus, which has been held up by permitting delays and rising interest rates.
www.bostonglobe.com
The city’s aid package consists of at least three elements. First, the BPDA would give Related Beal a tax break for 41 Berkeley — where Related has plans to build roughly 250,000 square feet of housing — that would keep taxes low on the property for 30 years; in return, the BPDA gets a new small minority stake in the parcel. The BPDA would also give $4 million via a “recoverable” grant to Franklin Cummings Tech, to help fund its Nubian Square project. And the agency would waive $745,000 that it would otherwise be owed under a previous agreement because of the change in use proposed for the 41 Berkeley property.
The total value of this package is unclear because neither Related nor the BPDA provided a projection for 41 Berkeley’s post-development tax assessment. The provision essentially sets property taxes for 41 Berkeley at $500,000 annually for 10 years and then would increase by the rate of inflation for 19 years after that. It would still be more than the city gets today, because Franklin Cummings Tech is a nonprofit and pays no property taxes there.